Bullish Case: Coinbase, leveraging new technologies and anticipated ETF demand, positions itself for favorable Q2 with expectations of institutional investor inflows post spot Bitcoin ETF review.


Bearish Case: Regulatory hurdles loom as the SEC lawsuit advances, potentially restricting Coinbase operations and affecting investor confidence and COIN price.


Potential Outcomes: Regulatory clarity could sway COIN: 60% chance of a bullish outcome with ETF inflows; 40% bearish case with ongoing SEC entanglements dampening investor sentiment.


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April 02, 2024


Coinbase Forecast

COIN        Coinbase
Price Forecast: BULLISH    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with COIN



CR Forecast + Options Trading Strategies   [CR]  Crane (0.96)


SKT Forecast + Options Trading Strategies   [SKT]  Tanger Factory Outlet Centers (0.95)


CRH Forecast + Options Trading Strategies   [CRH]  CRH Plc (0.95)


NTAP Forecast + Options Trading Strategies   [NTAP]  Netapp (0.95)


QQQM Forecast + Options Trading Strategies   [QQQM]  Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ 100 (0.95)



Uncorrelated Stock Forecasts

Assets with little price relationship to COIN



NLY Forecast + Options Trading Strategies   [NLY]  Annaly (0.0)


HPQ Forecast + Options Trading Strategies   [HPQ]  HP (-0.0)


LGIH Forecast + Options Trading Strategies   [LGIH]  LGI Homes (-0.01)


BNS Forecast + Options Trading Strategies   [BNS]  Bank Of Nova Scotia (0.01)


MDGL Forecast + Options Trading Strategies   [MDGL]  Madrigal Pharmaceuticals (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against COIN



SDOW Forecast + Options Trading Strategies   [SDOW]  ProShares UltraPro Short Dow30 (-0.9)


UVXY Forecast + Options Trading Strategies   [UVXY]  ProShares Ultra VIX Short-Term Futures (-0.91)


VXX Forecast + Options Trading Strategies   [VXX]  iPath Series B S&P 500 VIX Short-Term Futures (-0.93)


SPXS Forecast + Options Trading Strategies   [SPXS]  Direxion Daily S&P 500 Bear 3X Shares (-0.94)


TECS Forecast + Options Trading Strategies   [TECS]  Direxion Daily Technology Bear 3X Shares (-0.94)





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